Answer: $40
Step-by-step explanation:
The key formula to use for this problem is the simple interest formula, which is
; where I is the interest earned, p is the principal (initial) amount, r is the interest rate, and t is the amount of time that passes.
Since we know that both investments have the same interest rate, we can use the information from the first part of the problem to solve for the interest rate. Using algebra, we can rearrange the simple interest formula to solve for the interest rate:
. We know that our interest earned is $24 and our principal amount is $300. To make things easier, we'll also convert months to years, which is easy to do since we know that 12 months = 1 year. This gives us our value for the amount of time that passes. Now, all we have to do is plug in our values into the rearranged equation above.
We should now have: 
Now, to find the interest earned from the $500 investment, we just need to plug in our values from the second part of the problem, along with our calculated interest rate of 0.08, into the original formula of 
This should result in 
Therefore, James will receive $40 on his $500 investment after 12 months.
Answer:
30 days
Step-by-step explanation:
The common multiples of 15 and 6 are 30, 60, 90 etc and because it increases by 30 each time we can find out that he will play both football and basketball together in thirty days!
Evans finishes 42 laps in 96,6 mins and Loza finished 38 laps in 102,6 mins
Evans. 96,6÷42= 2,30 mins
Loza . 102,6÷38= 2,70 mins
2,70 mins - 2,30 mins
= 40 secs and Evan is faster with 40secs in each lap.
no because you are not distributing numbers that multiply with each other and form new expressions
Answer:
y ≤-7
Step-by-step explanation:
-8y ≥56
Divide each side by -8. Remember to flip the inequality
-8y/-8 ≤56/-8
y ≤-7